Long-Term Sustainability Policy: “Driving Our Future Challenge 2050”

• The Sumitomo Rubber Group

Long-Term Sustainability Policy: “Driving Our Future Challenge 2050”

When we announced the Sumitomo Rubber Group’s Midterm Plan in February 2020, we identified “Promoting ESG Management” as one of the key Value Drivers for achieving our goals. Accordingly, we have pledged to redouble our efforts to work toward the solution of various environmental and social issues throughout our business activities so that we may contribute to the realization of a sustainable society.

In light of radically evolving conditions associated with social issues, including the growing repercussions of climate change, we came to the conclusion that a new policy, one based on long-term perspectives that look to the world of 2050 and beyond, would be essential to our efforts to ensure the sustained growth and development of both our group and society as a whole. The Long-Term Sustainability Policy: “Driving Our Future Challenge 2050” was thus formulated and announced in August 2021.

For detailed information regarding the degree of achievement relative to targets under this policy, please also refer to the Integrated Report.

Fiscal 2022 Targets and Results (pages 91 and 92 of the Sumitomo Rubber Group Integrated Report 2023)

Challenge Targets Set Forth under “Driving Our Future Challenge 2050”